Overview
- Prime Minister Shehbaz Sharif, who led a review meeting Thursday, directed a practical plan that links federal, provincial and territorial bodies to push housing investment.
- The government says a low-cost loan system for affordable homes is in place, with banks set to receive lending targets in the next phase to scale up access.
- Officials reported that sector laws are near completion to clear hurdles for builders and give investors a clearer rulebook.
- Work is underway on a mortgage system to make home loans easier to issue and recover, plus developer-led financing, with the prime minister pledging full protection for overseas and foreign investors.
- The Express Tribune reports proposals to cut property taxes and expand cheaper mortgages, including rates near 5% and loans up to Rs10 million, with talks expected with the IMF for sign-off.